Article Search

 Cement price rockets as boom causes shortages
    December 15 2006 at 07:18AM Get IOL on your
mobile at m.iol.co.za

By Ntokozo Mfusi

The recent building boom in and around Durban has led to a shortage of cement in the city, with the problem worsening.

The price of cement has increased in line with the shortage, with dealers having to pay R70 a bag, nearly 30 percent more than the price last month.

The shortage has caused projects to be delayed, with many buildings left unfinished because of the city's construction overload.

Sharp increase in demand
The demand for cement has also been higher than in previous years.

As cement requirements increase, demand is fast outstripping supply, with many building companies adversely affected.

Vincent Reddy, manager of Chatsworth Hardware Suppliers, said the shortage and the increase in demand had hit business in the area "very hard".
Continues Below ↓





He said that without cement, his business could not manufacture blocks and other building materials.

Materials like sand and gravel, which were mixed with cement to make concrete, were also not selling well.

"Without more supplies, we will lose some of our regular customers," said Reddy.

Nazneen Khan, of Natal Builders' Suppliers in Rossburgh, blamed the shortage on Natal Portland Cement - the sole supplier of cement in Durban - which she accused of not factoring in a sharp increase in demand.

According to Khan, NPC worked on a quota system, supplying fixed amounts of cement to companies.

"Many hardware stores have huge backlogs of orders and, when there are delays as well, it becomes even more of a problem."

According to other hardware stores, the lack of the core materials used to manufacture cement, the increase in customers and increased consumption were some of the explanations given by NPC for the shortage.

Civil engineering contractors have also voiced dissatisfaction about the shortage, saying that some projects in the province had had to be put on hold.


Continues...


Email StoryPrint Story
BOOKMARK THIS STORY
Social bookmarking allows users to save and categorise a personal collection of bookmarks and share them with others. This is different to using your own browser bookmarks which are available using the menus within your web browser.

Use the links below to share this article on the social bookmarking site of your choice.

Read more about social bookmarking at Wikipedia - Social Bookmarking

muti



Subscribe now to The Mercury
     Related Articles
More South Africa stories

Watch IOLs latest videos on YouTube Join IOLs Facebook page Follow IOL on Twitter





     Online Services

Date Your Destiny
 
I'm a 30 year old woman looking to meet men between the ages of 28 and 40.
 

     More Services

     More South Africa Stories